Get documents about "Equipment Finance Calculator Suite - Finance Select
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Finance Select
Equipment Finance Repayment Calculator
Ver 1a
Date
Customer Name
Details of Equipment
Net Price 30,000.00
GST Payable 3,000.00
GST Free (Rego, CTP etc) 2,000.00 only required for accurate Lease Finance quote
Purchase Price 35,000.00 including GST
Deposit/Trade In 5,000.00
Finance Amount 30,000.00 paid to supplier by lender
Brokerage % 3.00% Commission Split 80.00%
Brokerage $ 900.00 Commission $ 720.00
Interest Rate 9.00% Effective Client Rate 10.01%
Hire Purchase or Chattel Mortgage
Term (months) 60 Monthly
Balloon % 35.00% Instalment 475.45
Balloon 12,250.00 GST on instalment - In Advance
GST on Balloon - Total Repayment 475.45
Total Balloon $ 12,250.00
Calculations to be used as a guide only. Lenders rates and terms can change at any time prior to settlement. Not an indication or advice of approval.
Credit Criteria applies.
46d3cc2f-9f3c-4a19-ba49-4bca27b86e0a.xls
Finance Select
Structured Repayments Calculator (Chattel Mortgage & HP)
Finance Amount $ 100,000.00 Ver 1a
Term (months) 48
Balloon % 30.00%
Balloon $ $ 30,000.00
Interest Rate % pa 9.00%
Brokerage excl GST $ (max 4.00%) $ 2,500.00 2.50%
Commission Split x 80.00% = $2,000.00 excl GST
Pmts in Advance=1 Arrears=0 0
Unstructured Pmt (if no bulk reduction) $2,029.17
Bulk Repayment 9,000.00
Bulk Pay in Month No. 4
Structured Monthly Payment $ 1,856.64
Error Check: Nil (must = zero) 0.00
Structured Payments Schedule:
Regular Instalments 3x 1,856.64
Bulk Repayment 1x 9,000.00
Regular Instalments 44 x 1,856.64
End Balloon 1x 30,000.00
Total Payable (structured) $ 126,262.08
Interest saving over unstrucured 1,138.08
Total Payable (unstructured) $ 127,400.16
Estimate only. Exact instalment depends on lender's calculation method. Once contract is funded, lump sum can't be changed. If not met on
the due date, loan will be in default. Be aware that if relying on GST refund, unpaid taxes affect refund.
46d3cc2f-9
Finance Select
Estimate of Chattel Mortgage Fees & Stamp Duty
Finance Amount $ 90,000.00
REV's Registrable TRUE
Aggregate Equipment Loan (Docs Registered) > $ 75,000.00 TRUE
Private Sale FALSE
Fees Calculator: Individual Company
Document Fee 395.00 395.00
REV's Fee - -
ASIC Registration Fee - 135.00
Document Lodgement Fee - 100.00
NSW Stamp Duty on $90,000.00 301.00 301.00
Duplicate Registration 2.00 4.00
Total Fees 698.00 935.00
To be used as a guide only. Fees charges can change at any time.
12/24/2010
Finance Select
Personal Income Tax Calculator Y/E 30/6/2010
Yearly Monthly Weekly
Taxable Income 60,000 5,000 1,154
Less Tax - 11,850 - 988 - 228
Less Medicare - 900 - 75 - 17
Total Tax & Medicare 12,750 1,063 245
Net Income 47,250 3,937 909
Medicare deducted at 1.5%, above $6,000 income but certain scales/exemptions apply
This is not a substitute for Australian Tax Office calculations, but provides an estimate based on most common individual tax scale.
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